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Posted On: 01/17/2018 2:10:57 PM
Post# of 11803
Re: Wheelhorse #3744
Grasshopper,
Companies almost always (I don't want to again be corrected by loanranger over something else he knows nothing about), clean up contingent liabilities before a buyout concludes. And I would bet (again not to be corrected by loanranger about something else he knows nothing about) that J&J is carrying a contingent liability on its books for the DECN lawsuit somewhere between $30-$40 million. That ain't chump change.
Companies almost always (I don't want to again be corrected by loanranger over something else he knows nothing about), clean up contingent liabilities before a buyout concludes. And I would bet (again not to be corrected by loanranger about something else he knows nothing about) that J&J is carrying a contingent liability on its books for the DECN lawsuit somewhere between $30-$40 million. That ain't chump change.
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